What is UM or UIM?

An uninsured driver is someone who did not have any liability insurance at the time of the accident. A hit-and-run driver claim is also processed as uninsured if the vehicle is not identified prior to settlement of your claim. Your insurance company will look at your bodily injuries and pay the claim out just as an at-fault carrier would have done.
An underinsured driver is someone who had insurance, but the amount of the insurance was not high enough to pay for the personal injuries or damage caused by the accident. In these situations, UIM is paid out once you can prove damages exceeding the at-fault driver’s coverage. In order to protect your ability to get a UIM payout, do not sign a Release of Claims on the liability, you will need to execute another type titled document such as a Covenant not to Execute.
Additionally, uninsured and underinsured motorist coverages can pay for injuries to you or any household resident relative living (spouse, parents, children, siblings) even if your automobile was not involved in the accident. So if you have a family member who was in an accident and there is not enough coverage, the policies you have at your household may be of help. Your insurance company will need to know about the accident and begin its own investigation of the claim. This can be a complicated process – that’s why we’re here. Call Spann Wilder Law, LLC to begin the process of analyzing coverages in your claim. A legal claim is a job all by itself, while you work on healing and putting your life back together, we will deal with the insurance company and getting you all the money that is available to your claim. Call us at (843) 266-7792 or 1-800-866-3830.